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, the overseas applications of you as two activities either a director in significant effect in the u.s. commerce for the potential for evasion. we support the goals of title vii which provide great transparency and increased oversight of the swaps market. there is growing concern of the cftc and divergence and the sec regarding the process and timing in the house slots and security base wipes are a furry and declines. as the committee is aware, the industry is facing quickly approaching the highest deadline. without the benefit of final payments with the international scope of these rules. the lack of clarity related to the rules cross-border application manifests itself in particular with respect to three aspects. the cftc sdc to more pressing concerns with the requirements. the first is to has to register as a swap deal or. given the nature register, firms of which make decisions if i look so as to which entities to register with the cftc. making these decisions without being fully informed to the rules that apply in literal take to comply and position untenable love love and predict ability.
about 18, and 239 remaining. the susan b. anthony dollars, one of the most ill-fated in the u.s. government. it looks just like 1/4. it was only made 79-81 for three years. it was the last regular issued government issued coin they made the san francisco mint uncirculated condition with the proof. it had all kinds of problems. it makes it a commercial failure but makes it a collectable absolutesaffordable at $129 and a customer pick but $109.95 the most affordablen set released by the u.s. government of all the coin sets we have. the 1999 season the anthony. most people do not even know that coin exists. it was not in the proofset and not man said. that coin you gotta individually--mint- set coin! these, $79 apiece.are $109 across the board for everything that you see. >>host: explain where you get numbers. >>guest: i talked about getting individually and the reason is pretty simple. people buy coins individually to build their sets. when i say if purchased individually that is the way most people put their coins together. the coin catalog they are the lord largest coin c
, outperformers this year include german, japanese and hong kong stocks. the u.s. senate will meet at 11:00 a.m. eastern after lawmakers tried most of sunday to avoid a fiscal cliff. proposals moved back and forth including tying social security to the chained cpi index. aides say talks between harry reid and mitch mcconnell focus on extending middle class tax breaks and renewing unemployment benefits. president obama says the u.s. markets and economy will suffer if congress fails to act. and here is what the major players had to say at least publicly this weekend. >> if you look at projections of 2013, people generally felt that the economy would continue to grow, unemployment would continue to tick down, housing would continue to improve, but what's been holding us back is the dysfunction here in washington. >> the sticking point appears to be a willingness, and interest or frankly, the courage to close the deal. >> i will say this. i think that the republican leader has shown absolutely good faith. it's just that we are apart on some pretty big issues. >> i want everyone to know i'm willin
. >> shepard: u.s. officials say they have recently spotted the syrian military moving around chemical weapons components. syria is believed to have enormous stockpiles of chemical weapons, gases that can kill people by raising blisters on their lungs or shutting down their nervous systems. as bashar assad's regime gross desperate the chances of him unleashing those weapons are growing. the fighting that began last year in syria has killed at least 40,000 people. if president assad gives the go ahead for the chemical weapons attacks it's hard to predict how many more would dyed. we have team fox coverage tonight jonathan hunt at the united nations first to james rosen at the state department and to james nato is taking steps to minimize the amount landing outside of syria. >> that's right, shep. the foreign ministers of the military alliance gathered in brussels today and announced there that they have approved a request made by member state turkey which asked for u.s.-made patriot antimissile batteries to be installed along its southern border syria. the ministry made clear the systems are pu
and democratic representative lynn woolsey of california. we will also show you a tribute in the u.s. house to outgoing caliber and california members of cameras.. join us at 8:00 p.m. eastern on c-span. later a look at the dodd-frank law and regulations. >> this is c-span3 with politics and public affairs programming throughout the week. and every weekend, 40 hours a people and events ,-com,-com ma telling the american story on american history tv. get schedules in the past programs our website. you can join in the conversation on social media sites. >> tomorrow a draft constitution by mohammed morsi. it would expand his constitutional powers. supporters and opponents of president mohammed morsi. next, we'll talk about developments in the country and security throughout the region with an expert on the muslim brotherhood and a former israeli ambassador to egypt. this is an hour and a half. >> looking at the political competition with the egyptian and the egyptian society, what is likely to be the outcome, not just of the referendum, but the next step in the next several steps in this ongoi
of just 2.5% in the u.s., 1.5% in canada and zero growth in the uk. locally, cutbacks in government spending weighed on the numbers and lower commodity prices also impacted on cash flow and the government is facing more criticism about its effort to keep the budget in surplus while the economy grows. >> the government has had the objective of making sure that we would bring our budget back to surplus when growth has been around trend. what we've been seeking to do through good budget policy has been to provide maximum flexibility to the reserve bank to a just rate so. the government will always put in place appropriate budget settings which will support growth and jobs. >> still, analysts say growth could slow further as the mining investment boom peaks. yesterday, the bank of australia cut interest rates to a record low of 3% and traders are looking further easing next year to offset the falling talks of trade, the high australian daughter and further cutbacks in government spending. >> despite that prognosis for rates and the fact that we're now matching the record lows here, the
head-on way than most countries. >> rose: including the united states? >> well, i think in the u.s. -- obviously you've got your own decisions to make about your fiscal problems and your issues and obviously your president and congress are engaging in that at the moment. but in the u.k. we have done that, we have got ahead of the curve and you can see in measures, for example, of how competitive the economies are, the you can is steadily becoming more and more competitive. >> rose: there's also this, the united states is engaged in this great debate that's going on in the white house with speaker of the house john boehner and the president of the united states, barack obama. what would be the optimal outcome of that debate as you look at it as a man who's dealing with the same kinds of problems? >> i'd say two things. one is we do need a resolution of this problem. i think the most immediate short-term problem facing the world economy-- i stress the word short term" is the u.s. fiscal cliff. i think if that is not resolved that is going to cause considerable problem for the world a
have the capacity as a u.s. military to have policy as well. that's a global capability. but that means that they respected the choices that are made by other powers we want to sustain a presence in the asia-pacific. same to is the middle east. as you look at these different areas i think that there are terrific opportunist who engage with china on each of them. and to fundamentally ask the question and try to answer the question secretary clinton and state counselors have been engaging for some time, and that is can we get a better answer than we have had in the past two how a new rise in power comes to the international system. and can we do so without running significant risks or indeed fall into conflict. >> thanks. please. >> i agree with everything the undersecretary has said your, and, in fact, admiral sam locklear underscore those pushes a couple days ago in australia. talking about engagement and that strategic trust. but it's interesting that the chinese tend to look at the american, ma asia pacific give it a sort of a continuing strategy. which speaks to the inability to real
.3 earthquake strikes japan's northeast coast. tsunami warnings have been issued. job growth in the u.s. are expected to have slowed significantly in november as hurricane sandy battered the economy. and euro hits a session low, 0.4% as problems in europe's periphery continue to weigh. a powerful 7.3 magnitude earthquake has struck across japan's northeastern coast. the quake rocked buildings as far as tokyo according to reports. u.s. geological survey said there was no threat in the wider pacific ocean. the yen has been rising to a session high before we got details of that. and right now, you can see dollar-yen at 82.39. 82.17 before that happened. some safe haven in-flows into japanese currency. if there was going to be a wave in terms of tsunami that was going to hit, it would have happened around five, six minutes ago and she had yet to see any specific drop or change in the sea level. so we'll hope that that continues on that particular way. atomic power says no irregularities seen at its nuclear plant. operations are normal after the quake. so we'll keep our eyes on that. and we'
, as a new focus on the u.s. operations. >> it would require us temporarily to throw out the strategy we have so carefully put in place in the past year as something to avoid. >> the d.o.d. promises that the salary of the department 3 million civilian and military employees would be exempt from cuts. staffing them would not be. bret? >> bret: doug, thank you. one of the suggestions discussed for increasing revenue involves limits on tax deductions as you heard in ed henry's piece. that brings us to the issue of charitable giving and whether the limits on write-offs would limit people's willingness to write checks. here is chief national correspondent jim angle. >> more than 200 representatives of charitable organizations from across the country came to washington today. to urge lawmakers to be careful not to hurt charity in search for revenue. >> for every dollar a donor receives in tax relief the public receives $3 of benefit. no other tax benefit generates that positive public impact. >> as they fanned out across capitol hill to talk to lawmakers the debate rageed on how to avoid the fiscal
on the attack in benghazi that killed four americans. details ahead. >> the family of a u.s. marine who survived iraq and afghanistan says they're fearing for his life in a mexican prison over what they call an innocent mistake. we have that for you as well. a new report on the changing demos of the united states predicts no race will hold a majority in the coming decades. that's all ahead unless breaking news changes everything on "studio b." >>> first up, a high profile briefing today on capitol hill as lawmakers continue their probe into the deadly 9/11 attack. mike morel talking to house lawmakers behind closed doors, updating them on the investigation as to who carried out the attack and why. chris stevens a three others died in the attack. obama administration said it was a spontaneous event linked to a video. catherine herridge is live for us on capitol hill. there's been this back and forth now. even as much as a moment ago about when secretary of state hillary clinton will testify. what do you know? >> good to be with you. we've got a situation where two congressional committees are say
thefully -- the fiscal cliff. >>> and iran claims to have company charred a u.s. drone. why the u.s. is highly skeptical of this story. d like to thank eating right, whole grain, multigrain cheerios! my bowl, my spoons! mom, are those my jeans? [ female announcer ] people who choose more whole grain tend to weigh less than those who don't. multigrain cheerios has whole grain and 110 delicious calories. ...more grains. less you! multigrain cheerios in multi-grain cheerios peanut butter. >>> mostly cloudy skies. some rain developing to the north. some of that will move in. the bulk of it will be in today and tomorrow. >>> developing news from syria. 29 students and a teacher were just killed in a mortar attack in a school near damascus. syrian immediate yay blames terrorists. the syrian government is often called rebels trying to overthrow the syrian regime terrorists. there's still investigations going on. >>> iran has claimed to have captured a u.s. drone. a radar image shows the image. iran says it captured the drone after it entered iranian airspace over the persian gulf. however,
, the other news of the day. here's hari sreenivasan. >> sreenivasan: iran claimed today it has captured a u.s. surveillance drone. the "scan-eagle" is used to collect photographic and video images. iranian state television broadcast video of two military commanders examining the aircraft. they said it was seized "in the past few days," but they did not specify where or how. in response, the u.s. navy said none of its unmanned aerial vehicles-- u.a.v.'s-- are missing. and in washington, white house spokesman jay carney raised doubts about tehran's statements. we have no evidence that the iranian claims you cite are true. i'd refer you to the pentagon's comments this morning for details about this particular type of u.a.v., but again we have no evidence that the iranian claims are true. >> sreenivasan: a year ago, iran did manage to down a c.i.a. drone that apparently crossed the border from afghanistan. and last month, the u.s. military said another drone came under fire by iran over the persian gulf. it was undamaged. in afghanistan, a bomb blast has killed two nato troops in the country's so
intelligence council predicts within the next 20 years china will overtake the u.s. as the world's largest economy and suggests asia in general will have more overall power than the u.s. and europe combined. but before we freak out and preemptively launch economic warfare to stay on top, our next guest says america stands to gain a lot from china's growth and china's leadership may be open to the type of reforms to strengthen our relationship. we have donald gross, he's author of "the china fallacy, how the u.s. can benefit of chi in's rise and avoid another cold war." donald, welcome. i have to say i've talked to both folks on both sides of this argument. i had a long conversation with governor jon huntsman who talked about china being very healthy and robust and our relationship very important, one of the most important in the world, in fact. i talked to gordon chang a number of time who is talked about china being well, pretty evil and collapsing and wanting tock an eminent threat to our country. who's right? >> well, i have to say that i strongly agree with governor huntsman. he was af
target. talks about the level of u.s. production, rivalries between iran and saudi arabia, and a new secretary general could get heated. >>> italy likely to see a strong uptai uptake thanks to supply reductions before year end. >>> and let's twist again. the fed set to announce a fresh around of bond purchases to match the outgoing twist program at the end of the year. >>> the international community blasts north korea after it successfully launches a long-range rocket, prompting an emergency u.n. security council meeting. >>> all right. a very good morning to you. we are going to be on to opec later. we've got the latest i.a. data out this morning. they're saying global oil demand projected around 90.5 million barrels a day. more than forecast. they say non-opec production bouncing back. an something bit. they're saying opec crude supply inched up in november led by higher output from saudi arabia. >> i think we'll have to call this today the case of the two oil reports. we have the opec report that they put out ahead of the meeting showing different figures from what the iea is say
there in dallas, where he will spotlight the positive impact of immigration on u.s. economic growth. this as the g.o.p. looks to attract more hiss to the party. meantime mr. bush's father, former president george h.w. bush is spending another day in the hospital being treated for bronchitis and a lingering cough. we told you about that last week when we first found out that he was there. the 88-year-old former president is in stable condition. no record on when he is to be released. ab stoddard is a former editor for the hill. bush 43 has been fairly quiet throughout the first term of the obama administration. now the president has been reelected, george w. bush sort of comes out a little bit to make this big address, why? what is the timing about, do you think? >> i think the timing was shrewd. he really made a point of staying quiet during the first couple of years of president obama's administration, saying that he wanted the about the to be able to do his job, he didn't think he needed a former president to go out there and do somed tore ra some editorializing. he gave some peaches, enjoyed hi
of state hillary clinton. the u.s. and other nations fear that the syrian regime could use chemical weapons against its own people. secretary clinton making it very clear that syrian president bashar al-assad must go. >> let me also be absolutely clear. the united states stands with the syrian people in insisting that any transition process result in a unified, democratic syria. in which all citizens are represented. sunni, alawite, christians, kurds, men, women, every syrian must be included in this process for a new and better future. martha: still far from where we are right now in the country of syria where 45,000 people have been killed under the assad regime. president, secretary clinton also promising to hold all parties accountable for what happens in syria. in other words, if assad does go, if you are part of that regime, part of the killing, part of what we've seen happening you also will be held accountable. bill: we were told the ignition process had begun for the chemical weapons. if that is the case. we were also told they have a shelf life for about 60 days. if you do not use
in afghanistan come at a high price the life of a u.s. navy seal. here is the mission. to save an american doctor kidnapped by the taliban. as we go through the story it's a reminder about the sacrifice still being made overseas. good morning i'm bill hemmer. whole new week here at "america's newsroom". martha: i'm martha maccallum. this fallen hero was a member of navy "seal team 6" that carried out the mission to kill usama bin laden. according to officials in afghanistan they came under heavy fire with this mission. >> according to our information the kidnappers were taliban. they were heavily armed with heavy machine guns, with so-called rpg. rocket propelled grenades and ak-47s. bill: steve centanni follows up in washington. what can we report about this rescue machine? >> reporter: good morning bill. it took place early sunday after intelligence revealed the kidnapped american was in imminent danger of injury or death. dr. joseph is a medical advice sore for a group called "morningstar" development based in colorado springs. it is a group that helps rebuild communities in afghanistan. the d
to prevent the u.s. from going over the cliff. >>> if you want to leave your car behind this new years eve there is plenty of options. >>> good morning, to you. welcome to the last day of the year monday december 31st i'm dave clark. >> and i'm tori campbell in for pam cook. let's get a quick look at weather and traffic starting with steve. >> good morning, tori and dave. thank you. it's cold out there. temperatures a few upper 20s. santa rosa 29 degrees. sebastopol 28. there is cold numbers out there. it will be mostly sunny and very chilly upper 40s and low 50s. here is tara. >>> here's a look at the east shore freeway. you can see traffic moving along nicely. at the bay bridge toll plaza we have no delays as you make your drive into san francisco. let's head back to the desk. >>> 4:59. believe it or not it is now 2013 live picture. look at the big lifts and the kiss. lots of fire works. crowds gathered on the shore of the harbor watching the skyline explode. all the colors of the fire works 2013 is here. 1.5million people expected to be ringing in the new year at this particular celebra
that cash signature overseas to come here because they don't want our u.s. dollar strengthened. they don't want to strengthen the middle class. that's the real issue here. >> what about these companies that aren't paying the dividend? are shareholders getting mad or angry at companies sitting on cash, not paying it out? are companies under pressure? >> michael, what do you think? that's going to come around at some point. >> it's up to a corporation to do what they want to do with retained earnings. my problem is leveraging up the balance sheet, being allured by these phoney, fake, factitious interest rates and setting up this whole with corporation, this whole company, this whole private sector for an interest rate shock that nobody is prepared for. >> michael, what are you doing with your money right now? >> well, i'm 50% in cash. i'm going in and out of lockheed martin. >> you don't get paid to be 50% cash, right? >> why don't you pay a special dividend? >> that's my prerogative. i sure as heck am not going to leverage up to send money out the book door without any chance of increasin
: merry christmas. press zones and spending time in a louisiana hospital, u.s. marine veteran john hammar is on his way home just in time for christmas. good morning everyone, i'm greg jat in for. >> i'm martha maccallum. after spending for four months in prison in mexico on a questionable gun charge. hammar was arrested when he tried to cross the border with a antique shotgun his family said was an heirloom. steve harrigan is live. >> reporter: after four long months the 27-year-old former marine was released from the notorious prison late friday night after several hours of paperwork. he was accompanied by u.s. consular officials from the border between mexico and texas. he met his father and the two began the drive home. they had to stop off yesterday in a hospital in louisiana room in louisiana, john hammar suffering from the stomach flu. having trouble keeping food down. the goal was to get him home for christmas. looks like it will happen now. heather? >> steve, quite an ordeal for the family to say the very least >> reporter: a very tough time. they received threats, ex-torgs attem
and unregulated in the u.s., which partly explains how a few cheaters were able to steal more than $20 million playing poker online. >> if you can see everybody's cards in poker, you could be the worst poker player in the world up against the best poker player in the world, and you're gonna beat them just about every time. [stopwatch ticking] >> gentlemen and ladies, place your bets. let the games begin. [cheers and applause] >> that's what i'm talking about! >> whoo! >> steve wynn is the man with the midas touch who added glamour to the gambling industry. >> if you're gonna start a gambling joint, start a gambling joint. >> he transformed las vegas into an international tourist spot, but the odds haven't changed. >> the only way to win in a casino... >> is to own one. >> own one. >> unless you're very lucky. [stopwatch ticking] >> internet gaming is illegal in the united states and absolutely thriving. >> yes! >> right now, as you watch this story, 70,000 people are gambling on party poker, and that's just one site. >> there will be more online poker games per day at the end of this year than
the myriad questions one could ask about the future of u.s. detention policy in the war on terrorism, the government's ability to detain without trial individuals suspected of involvement in terrorism, it seems that the one that dominates all others is the extent to which future u.s. to some policy will and should be subject to judicial review. why is this not settled? well, if you the citizens and non-citizens, i think it's both sold and moved that these dissensions will be subject to review, settled because we have a series of cases in the early part of the last decade or the courts actually rejected arguments offered by the bush and restoration that such cases raised a political question settled because these individuals clearly have rights of the constitution including the right tit review and neat because dss has not picked up anyone hitting this category and subject -- subjected them to end of military tension says it doesn't three. there have only been three cases in custody their detention in austin years now, and i think that's partly going to stay for a while. it settled at
for calling. a live picture of the u.s. capitol. 7:23 in washington. some heavy rain and perhaps some snow. a. when terry mix are expecting in town. we mention that because the president is heading back into town. the senate and white house -- the senate and house are due back tomorrow. this is an politico. there is another piece of this morning that says the house member elect is also interested in the peak in the seat -- adapter the seat. springfield, va., lewis, an independent. caller: good morning. you could consider me a little bit pessimistic. i am actually looking at it as realistically as possible. i have a degree in macroeconomics. i believe that they all should be -- we should institute term limits on all of them. maybe a six-year term limit. they're all thinking of reelection. host: both sides? caller: yes. they are thinking about re- election with the country is almost $70 trillion in debt. -- $17 trillion. people and businesses are giving out payouts because taxes are going up on everyone. it does not matter -- there are too many taxes going up. payroll taxes going up. we do not
is affecting your trip home for the holidays. it will be a very merry christmas for the familiar leave this u.s. marine veteran just released from one of mexico's most dangerous prisons. where he stopped off before heading home causing some concern. how about this. a short-cut to becoming a doctor, a new program being offered by one of the most prestigious medical schools in our country saving both time and money for the students, but does it skimp on training, a doctor in three years? it's all happening now. but first there is troubling news on the civil war that is raging some 21 months now in syria. the international envoy trying to help end the violence there says that he's still worried there's been no progress in the ending of the bloodshed that's claimed thousands of lives. hi, everybody, i'm jaime colby, today i'm in nor jenna lee. >> reporter: i'm kelly wright in nor jon scott. the u.n. envoy meeting face to nice with the syrian president today. while their account of that meeting was lens hopeful we are hearing now even more troubling reports the syrian army may have used a deadly poi
. >>> the clock is ticking toward the midnight deadline. the frantic last minute efforts to keep the u.s. from going over the fiscal cliff. >>> plus how bay area transit agencies hope to make this a safe new years eve. ktvu channel 2 morning news continues. >>> good morning. it is monday december 31st i'm tori campbell in for pam cook. >> and i'm dave clark. let's check weather, traffic, steve is right there. you'll need a few minutes to warm up the car. >> for most. there is a couple inland definitely. some 40s near the city and around the bay. inland there is a lot of 30s and upper 20s. mostly sunny, partly cloudy. that system coming in will spin in higher clouds. upper 40s low 50s. here is tara. >> thanks steve. this is a look at the bay bridge toll plaza where you can see traffic moving nicely into san francisco. and this is a look at the san mateo bridge where you can see the same story. traffic on the right heading toward the foster city. opposite side toward hayward. let's head over to dave and tori. >>> now we are hearing from neighbors in san francisco. those that were awakened by an
states during an interview with nbc news. president karzai blamed u.s. and nato forces for some of the insecurity in his country. he says he doesn't like the act that hundreds of prisoners are still being helled from the country and he signed that back in march with the president obama. he says he will not sign any more agreements with the u.s. until those prisoners are transferred. >>> well, the fiscal cliff is looming unless congress takes action to avoid it. coming up at 7:15, the number of california defense department jobs that could be lost if automatic trick -- automatic tax cuts are formed. >>> bill clinton says he's not sure if hillary clinton will run for president. she said she does not want to continue a secretary of state for president obama's second term. she said she wants to focus on issues to -- that are important to women. >>> let's see what tara is seeing on 880. >> we have a lot of traffic on pinole and then past the golden gate gate. we're in berkeley/emeryville. we have a traffic issue in here. 280, northbound towards santa clara, looking pretty bad. give y
20 hours and now it just take eight. in 2009 -- $640 billion is more than 139 u.s. dollars. here is to technology. tracy: eight hours is essentially new york to key west. lori: i would go like every friday. a christmas outage left millions of users without users streaming netflix. shibani joshi with this christmas debacle next. tracy: washington cannot agree on a plan for the fiscal cliff. we go to the nation's capital after break. let's take a look at how the dollar is faring against foreign currencies as we head to break. ♪ with fidelity's new options platform, we've completely integrated every step of the process, making it easier to try filters and strategies... to get a list of equity option.. evaluate them with our p&l calculator... and execute faster with our more intuitive trade ticket. i'm greg stevens and i helped create fidelity's options platform. it's one more innovative reason serious investors are choosing fidelity. now get 200 free trades when you open an account. lori: the senate returns to washington tomorrow. with just five days to address the dreaded fiscal
. take a look at this. in the u.s. there are 100 groups. u.k., 200. europe, 500. what is going on? >> this is part of a growing global backlash against the wind industry. this is very successful portraying itself as green. we produce green energy, green lech i very, reduce co2 emissions. when you look at countries around the world, australia, new zealand, huge backlash in ontario, we're seeing backlash against the large wind projects going in all over the place. gerri: talk about new york. you have an interesting example there. >> just last month lawyers here in new york filed lawsuits, 60 residents in herkimer county, just north of albany, they filed a lawsuit saying these project, wind turbines, built within 1000 feet or so of residences are emitting all the noise, keeping them up at night, diminishing property values and they filed suit. i think it is indicative of the backlash. gerri: this is interesting. you say this is the first time it will be heard in court of law, the issue about the sound. >> in the u.s., yes. gerri: seems to me that is pollution. >> sure it is. that is
recognition of that particular status. of course, the u.s., israel, canada and others. what do you think it says about the u.s. and about israel's position in the world that only nine votes came together against us? >> well, it was a lost bat to begin with, shannon. in fact, i think israel made a mistake here. israel should have been one of the first to recognize this palestinian initiative. because it is commensurate with and compatible with the two state st. louis. no one in israel has a better idea but the two state solution. partitioning the land not because it's the right thing to do or smart to do but the only thing to do. let alone being the right thing to do. what it showed is that failure to address these issues, failure, absence of the peace process and failure to launch one. isolates israel in the international community. isolates the u.s. in the international community. kind of super imposes shannon on a new administration on the new obama administration. involvement in the middle east at a time when conditions do not seem to be con deuce i and do not seem to be right. i woul
different view. this fiscal cliff is a grander issue than just the united states. the drag in the u.s. is a big import to the rest of the world. stock markets are supposed to be leading economic indicators. if you look at the markets around the world from the last several weeks to months, the markets seem to be indicating just the opposite. they seem to be indicating that a deal will get done. what kind of deal whether it's one stage or two stage, nobody knows. but the fact of the matter is the equity markets tend to look three to six months out. they're giving good signs around the world. in europe, asia, emerging markets and here in the u.s. what i'd be doing is sitting on a well structured portfolio regardless of what the economic outcome is. well diversified across markets, across countries. some emerging large caps. most importantly dividend growers. i'll have a bit of exception with your last guest. i think this is a much more global story. i think a lot of backdrop in europe and china has some improving trends in it that are behind this. >> if the market is such a great predict
: we are going to talk about apple. they will bring some manufacturing home for the u.s. charles: about $100 million in 2013. we know that is a tiny, tiny, tiny, tiny amount of what they spent on fraction. i think this public opinion thing about bashing these companies that do not do certain manufacturing in america, it is somewhat misguiding. the same critics who are now saying we not stop back here were saying we were exporting the rest of the world. now, we are saying bring those jobs here. you cannot bring them back at the same wage. i do not think we have a responsibility to create a certain kind of job, but we have a responsibility to create jobs. if you want those chinese jobs, you can have them. dagen: steve jobs told president obama that those jobs were not coming back. charles: somehow the administration going after profit, you know, whatever it is, you wanted or public opinion, now if you do not start to do this stuff, we will go out and take it. caterpillar is one company to watch. their ceo has been on top of this. he has been very defensive about the fact they are still cr
surprise to everybody. >> this is a very strong number. i think only u.s. government now can stop this kind of job growth. a fiscal cliff go over -- >> snatching victory from the jaws. >> a superstorm. nothing can stop the generation of jobs in this economy. >> there's a great article today in one of the papers about how apartment building, we have a shortage of apartments and shortage of housing and shortage of autos and shortage of office buildings developing, shortage of shopping centers, shortage of shopping malls. this is what begins a movement. you have to hire eventually. now you could say people are not looking for work, come on. look, jobs are here. they can -- it can be just easily reversed if you have no idea what is the future because of washington. >> given the data points that we've had in terms of claims numbers that did reflect an impact from sandy, they said 85,000 jobs or 86,000 jobs were sliced because of impact of sandy. average hours worked unchanged. doesn't that -- i don't know -- doesn't that bring into question a little bit the participation in the survey. how can i
the markets pull back more to crystallize what this could mean for the u.s. economy to members of congress. we didn't see that. it is a numbers game though in terms of what will happen. we know need 60 votes to clear a fill buster in the senate. seven republicans need to go along a lot of jockeying that needs to be done, even if we have a deal put forth. >> interesting what the market is pricing in. we thought the market wanted a grand deal. clearly, dennis you willing to put up with a band-aid. >> i have been surprised how static it has been, the stock and the bond markets, carl. i think the market, i think, has internalized that idea we are just going to shuffle along for a period, the beginning of january. then for another six to nine months. the bigger question really becomes beyond the equity market in particular, becomes the real functioning economy of this country. we are going to be stuck again. we went through sandy, that was a natural disaster, to think that all this really is man made, still boggles the mind. >> sickening. especially with claims back to 350, decent number this morni
, there were more than a 11 million immigrants living in the u.s. compared to 2007. they say the number will not go back up any time soon because of our declining economy. >>> the dutches was released from a london hospital. this is new video of her lifing with prince william. the palace reports she is pregnant with their first child and is less than 12 weeks pregnant. the hospital is apologizing after getting tricked into diverging -- divulging her condition. they called the hospital pretending to be the queen and prince charles. the dutches nurse divulged her condition and sleeping pattern. >>> ahmed wali karzai has made harsh criticisms about the united states and that story is coming up this morning. >>> and john macphee could be released after entering you' all mall illegal -- guatemala illegally. he said he left belize to escape police persecution. >>> a man pushing another man to his death has been arraigned. he was taken to custody on tuesday. they caught the confrontation on tape monday. davis reportedly told the police, the victim would not leave me alone so i pushed him. >>>
opposition group. the u.s. is expected to recognize the new opposition council as the only legitimate representative of the syrian people at an international conference in morocco. britain and france, they've already extended full recognition to that coalition. >>> well, secretary of state, hillary clinton, was supposed to represent the u.s. tomorrow at the friends of syria meeting in mow co but she has a -- morocco but she has a stomach flu. >>> congress is scheduled to break for the holidays this friday. as alison burns reports from our washington, d.c. newsroom, both parties have their sticking points. alison? >> reporter: tori, the pressure is on. members of congress are back this morning after a long weekend. and in just about 15 minutes, democrats will be speaking out about the fiscal cliff saying medicaid should not be subject to cuts. in the past 48 hours since president obama and john boehner met face to face, no details on the discussions have -- have been released. the president said he's willing to compromise but maintains his stance on tax increases for the wealthy. >> we
alloy pipe. but the u.s. chemical safety board says that pipe led to a fire. the council will talk it over tomorrow. chevron warns it may have to lay off 600 workers if the plans are not approved by thursday. >>> today is expected to be the busiest day of the year for the u.s. postal service. the postmaster predicts 665 million cards, letters, and packages will be processed today across the country. that is because holiday shoppers had the weekend to finish up finding any gifts that need to be mailed. next monday is christmas eve. only express mail will get packages to their destination now in time for christmas. >> the malls were packed. we did have to stop by over the weekend. wow. >> a lot of people. >>> 4:35 now. a little wet on the roads, sal. how sit looking -- how is it look something >> it will be a tough dave out there for people -- it will be a tough drive out there for people driving on this monday. let's take a look at what we have. this is 80 westbound. you can see it's raining out there. steve and i will be busy. we'll be the traffic and weather brothers today. let's
on the ground in benghazi and it cites at least 20 specific security related events. it also says the u.s. embassy in tripoli led by ambassador chris stevens should have taken a more active or stronger role to advocate for security at the consulate. it also indicates that it was the ambassador's decision to travel to eastern libya, to benghazi on september 11th and that he was aware of the anniversary. the report states, his status as leading u.s. government advocate on libya policy and his expertise on benghazi in particular caused washington to give unusual deference to his judgment. while the report concludes that there were systemic failures at senior levels of the state department, significantly it does not make any formal recommendations for discipline airy action, bill. bill: what else should we know that's in there, catherine? >> reporter: well the missing piece really, and this is the critical policy piece, is why it was that the obama administration specifically, the secretary of state, advocated for this light footprint on the ground in benghazi when the intelligence seemed to
,000 a year will have to pay an extra two grand to the u.s. government. the more you make, boy, that number really accelerates. heather? heather: another devastating blow in the fiscal cliff crisis, this mess, will be to the military. $500 billion slashed from the pentagon budget that is raising serious concerns about our national security. chairman of the house armed services committee, california congressman, bruce mckeown will weigh in on the impact these cuts will v that is live in our next hour. gregg: secretary of state hillary clinton now hospitalized after the discovery of a blood clot following a concussion earlier this month. that concussion apparently related and causing secretary clinton to postpone her testimony on the benghazi terror attack. doctors say the blood clot is very risky. >> blood clots are serious depending where they are. the leg is more common and simpler to treat. lungs are more life threaten, into the brain of course, very, very serious if it is in the brain because of stroke and potential memory and injury to the entire brain. gregg: david lee miller is live i
about this. stay away from materials. central banks cannot solve structural problems in the u.s. economy. lori: stocks have been benefiting from this so-called wealth effect. >> the stock market is a leading indicator. deutsche bank is saying we are seeing 1.5%, 2% growth. they are seeing growth also. we do not know how long the stock market can hang in there. lori: with, thank you. dennis: what is the hottest application on an apple device today? lori: john mcafee no longer running from police. gold off 20 bucks on ounce. back with more after this. ♪ it's a new day. if you're man with low testosterone, the only underarm treatment for low t. that's right, the one you apply to the underarm. axiron is not for use in women or anyone younger than 18. axiron can transfer to others through direct contact. women, especially those who are or who may become pregnant, and children should avoid contact where axiron is applied as unexpected signs of puberty in children or changes in body hair or increased acnen women may occur. report these signs and symptoms to your doctor if they occur. tell you
is in the final hours. today, the u.s. is heading over the cliff. >> what goes away next week is the bush tax cut that they loathed since they went in place a secon decade ago. don't assume the president wants to cut a deal. he wants to see if he'll be blamed for it before they negotiate. they talk about the meeting tomorrow with the president and key congressional leaders. >> thank you. if the fiscal cliff can be avoided there is another gigantic hurdle awaiting the lawmakers. >> they will hit the credit limit of $16.4 trillion on december 31. the nation thereafter can't pay the bills unless congress raises the limit. >> with a new congress in january we need to revisit an finally give ourselves the determination to solve not only our short-term debt but the long-term debt. >> they raised the debt limit 11 times in a decade. most recently in august 2011 after a bruising political fight. democrats accuse republicans of using the debt limit as political "leverage" to press for spending cuts. a point they tried to make with a jarring comparison. >> this is somewhat to taking your child hos tam and
republicans to vote against speaker boehner's plan "b." but with the u.s. economy less than two weeks from the fiscal cliff, top republicans say they are trying to avoid a massive tax hike for everybody. >> the house will act today. up to senate democrats in the white house to act. >> it would extend tax cut on income below $1 million. to secure republican support, the house is voting on a separate measure to cancel next year's pentagon cuts part of sequestration by slashing domestic programs. that upset house democrats. >> the bills are not a plan. they are a ploy. they are bills to nowhere. in a deeply cynical move, so cynical, the republicans have decided to offer another bill to put off some of the sequester. >> while the process moves forward, boehner hasn't given up hope on a grand bargain with the president. >> the president and i in our respective roles have a responsibility to get work together to get them resolved. it expect it will continue to work together. >> top republican in the senate didn't sound as optimistic. >> the president is determined to leap off the cliff. leap off
the men are u.s. citizens. originally though from pakistan. they could get life in prison. there is a stalemate. let's not kid ourselves. that's the quote today from speaker of the house john boehner about the battle over the so-called fiscal cliff. that's the combination, of course, of spending cuts and exexpiring tax breaks set to kick in about a month from now. economists say it could cause another recession. today, the president visited a toy factory in pennsylvania to make his case for his plan. he is asking americans to pressure congress to extend tax cuts for the middle class right now. in fact, extend tax cuts for everybody for the first $250,000 of income. so the families won't have to worry about a new year's day tax hike. republic leaders say letting the tax cuts expire on income of more than $250,000 would hurt small businesses and, as they call them. job creators. let's get to ed henry who is with us from the white house tonight. president says the election proved most americans are on board with this plan. >> that's right. he, without using the word thinks he
on a place. the u.s. is on tract to become energy independent. why that's bad news after this. ! bring it back! bring it home! [ male announcer ] when you combine creamy velveeta with zesty rotel tomatoes and green chilies, you get a bowl of queso that makes even this get-together better. let's see if we can get the same item at walmart for less? okay. fijit friends. fifteen bucks on rollback. wow! that's a savings of over 29 bucks! twenty-nine bucks!!?? and they're powered by friendship. see for yourself if you could save on the brands you want. walmart. see for yourself if you could save on the brands you want. try running four.ning a restaurant is hard, fortunately we've got ink. it gives us 5x the rewards on our internet, phone charges and cable, plus at office supply stores. rewards we put right back into our business. this is the only thing we've ever wanted to do and ink helps us do it. make your mark with ink from chase. >>> my story of the week, saudi america. they have a $300 signing bonus to new employees. you heard that right. with a 7.7% nationwide up unemployment rate, pe
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